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March 14, 2016 08:15 am GMT

Alibaba-backed logistics firm Cainiao lands funding at a reported $7.7B valuation

shutterstock alibabaCainiao, a three-year-old Alibaba-backed company specializing in logistics, has confirmed its maiden external funding round from Temasek Holdings and GIC in Singapore, Malaysia’s Khazanah Nasional and China-based Primavera Capital. Read More

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